The town council is hereby given the authority to suspend or revoke any taxicab license issued under this chapter for a holder or driver failing or refusing to comply with the provisions of this chapter. However, a license may not be suspended or revoked unless the driver or holder has been given notice and has had an opportunity to present evidence in his behalf. Notice of such hearing shall be deemed to be sufficient if it is mailed to the address designated on the taxicab license application at least ten (10) days prior to said hearing. No driver or holder whose license has been revoked shall again be licensed in the town except upon presentation of reasons satisfactory to the town council. Every driver and holder licensed under this chapter shall comply with all town, state and federal laws. Failure to do so will justify the suspension or revocation of a license by the town council. (1980 Code § 9-722)